Comparison between Kshitij Polyline IPO and Ranjeet Mechatronics IPO.
IPO Details
Kshitij Polyline IPO is a SME Fixed Price IPO proposed to list at NSE SME while Ranjeet Mechatronics IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Kshitij Polyline IPO is up to ₹8.29 Cr whereas the issue size of the Ranjeet Mechatronics IPO is up to ₹4.26 Cr. The final issue price of Kshitij Polyline IPO is ₹35.00 per share and of Ranjeet Mechatronics IPO is ₹25.00 per share.
IPO Timetable
Kshitij Polyline IPO opens on Sep 21, 2018, while Ranjeet Mechatronics IPO opens on Sep 12, 2018. The closing date of Kshitij Polyline IPO and Ranjeet Mechatronics IPO is Sep 27, 2018, and Sep 17, 2018, respectively.
| | Kshitij Polyline IPO | Ranjeet Mechatronics IPO |
|---|
| Issue Open | Sep 21, 2018 | Sep 12, 2018 |
| Issue Close | Sep 27, 2018 | Sep 17, 2018 |
| Basis Of Allotment (Tentative) | Oct 03, 2018 | Sep 21, 2018 |
| Initiation of Refunds (Tentative) | Oct 04, 2018 | Sep 25, 2018 |
| Credit of Share (Tentative) | Oct 05, 2018 | Sep 25, 2018 |
| Listing date (Tentative) | Oct 08, 2018 | Sep 26, 2018 |
Financials & KPIs
Kshitij Polyline IPO P/E ratio is , as compared to Ranjeet Mechatronics IPO P/E ratio of .
Shares Offered
In the Kshitij Polyline IPO Retail Individual Investors (RII) are offered 11,84,000 shares while in Ranjeet Mechatronics IPO retail investors are offered 11,84,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Kshitij Polyline IPO and 0 shares in Ranjeet Mechatronics IPO.
| | Kshitij Polyline IPO | Ranjeet Mechatronics IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 1,32,000 shares | 96,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 11,84,000 shares | 8,52,000 shares |
| RII | 11,84,000 shares | 8,52,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 23,68,000 shares | 17,04,000 shares |
Bids Received (Subscription)
Kshitij Polyline IPO subscribed 1.45x in total, whereas Ranjeet Mechatronics IPO subscribed 69.75x.
